Ad hoc announcement pursuant to Art. 53 LR

End of the takeover offer’s additional acceptance period: Walter Fust holds 42.88% of Tornos Holding Ltd share capital

On November 27, 2013, Walter Fust published a public takeover offer for all publicly held registered shares of Tornos Holding Ltd («Tornos») at a price of CHF 4.70 per share.

Provisional final result At the end of the offer period on February 4, 2014, at 4:00pm, 1‘899‘866 Tornos shares have been tendered in the context of the takeover offer. Taking into account the 6’624’263 Tornos shares already held by Walter Fust and by adding the 1‘899‘866 Tornos shares tendered in the context of the takeover offer, his participation amounts to 42.88% of the Tornos share capital and voting rights.

Success of the offer Subject to a judgment, decision or other injunction declaring the takeover offer or its execution forbidden or illegal, Walter Fust declares the takeover offer successful.

Publication of the definitive final result This final result is provisional. The definitive final result will be published by Walter Fust on February 7, 2014 in the Neue Zürcher Zeitung and in Le Temps.

Settlement The settlement date of the offer price (CHF 4.70 per Tornos share less any dilutive effects) for the validly tendered shares during the offer and the additional acceptance period respectively is currently expected to be February 14, 2014.